Announcement

SHINTR: IPL: SPH Notice - Accident Compensation Corporation (ACC)

15 Jan 2018 15:12

NZX

Disclosure of movement of 1% or more in substantial holding or change in
nature of relevant interest or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Investore Property Ltd
Relevant event being disclosed: Movement of 1% or more
Date of relevant event: 12 January 2018
Date this disclosure made: 15 January 2018
Date last disclosure made: 28 September 2017
Substantial product holder(s) giving disclosure
Full Name(s): Accident Compensation Corporation (ACC)
Summary of substantial holding
Class of quoted voting products: Ordinary shares (IPL NZ)
Summary for: Accident Compensation Corporation (ACC)
For this disclosure,--
(a) Total number held in class: 13,565,200
(b) Total in class: 261,771,833
(c) Total percentage held in class: 5.182%
For last disclosure,--
(a) Total number held in class: 16,222,764
(b) Total in class: 261,771,833
(c) Total percentage held in class: 6.197%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
From 28 September 2017 to 12 January 2018, ACC had the following aggregated
on-market transactions in Investore Property Ltd:
o Purchases of 223,948 shares for consideration of NZD $297,667.55
o Sales of 2,881,512 shares for consideration of NZD $4,184,037.64
Details after relevant event
Details for ACC
Nature of relevant interest(s):
Beneficial owner of securities under ?235(1)(b) of the Financial Markets
Conduct Act
No relevant agreement document needs to be attached under regulation 139.
For that relevant interest,--
(a) Number held in class: 13,565,200
(b) Percentage held in class: 5.182%
(c) Current registered holder(s): ACC via New Zealand Central Securities
Depository Limited (NZCSD)
(d) Registered holder(s) once transfers are registered: unknown
For a derivative relevant interest, also--
(a) type of derivative: n/a
(b) details of derivative: n/a
(c) parties to the derivative: n/a
(d) if the substantial product holder is not a party to the derivative, the
nature of the relevant interest in the derivative: n/a
Additional information
Address of substantial product holder(s):
ACC: Justice Centre, 19 Aitken Street, PO Box 242, Wellington, NZ
Contact details: Terence Tong +64 4 816 6600
investmentscompliance@acc.co.nz
In accordance with the Financial Markets Authority''s Guidance Note: Guidance
on Substantial Product Holder Disclosures issued on 27 September 2017, ACC
has not made disclosures for employees who manage the financial products of
which ACC is the beneficial owner.
Name of any other person believed to have given, or believed to be required
to give, a disclosure under the Financial Markets Conduct Act 2013 in
relation to the financial products to which this disclosure relates: n/a
Certification
I, Terence Tong, certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly
authorised to make this disclosure by all persons for whom it is made.
End CA:00313043 For:IPL Type:SHINTR Time:2018-01-15 15:12:53